Ian yes I agree,I always said STNs massive growth was probably down to BAA LHR profits being used to shore up STN LCC ,presumably operating for almost nothing.
Once it was clear that BAA had to sell STN ,then imagine all the LHR profits being used for STN will stop..and prices will have to go up to balance the books.
Looks like airlines flying into STN are spotting this and relocating .
Looks like the boom years for STN are coming to an end unless it gets a rich new owner willing to subsidies all the LCC again.
Nigel